Canon U.S.A. Introduces FAXPHONE L170 Laser Facsimile with Enhanced Features for Business Performance; Device Offers Fax With Speed and Power to Print For Small and Home Offices.

Business Editors

LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--June 1, 2004

Canon U.S.A., Inc., a subsidiary of Canon Inc. (NYSE: CAJ) and the nation's market share brand leader in black-and-white and color laser copier/printer solutions(1), today announced the new FAXPHONE(R) L170 Laser Fax/Printer. The latest addition to Canon's laser facsimile technology line, the FAXPHONE L170 offers small and home office environments powerful, state-of-the-art fax capabilities plus copying and high-speed laser printing in a compact, space-saving configuration.

Rounding out Canon's SOHO retail fax line-up, the new FAXPHONE L170 features a Super G3 33.6 Kbps modem(2) for facsimile transmissions of up to three seconds per page and standard 7.2 MB of memory for storage of up to 450 letter-size page documents. High-quality laser printing at up to 19 pages-per-minute (ppm), and a 250-sheet front-loading letter cassette tray(3) are also available as standard.

"Today's small businesses demand that Facsimile technology meet ever-increasing speed, memory, resolution and media requirements," said Sam Yoshida, director and general manager for Canon U.S.A.'s MFP Division. "Fax technology continues to be an integral component of today's competitive business environment, and the new FAXPHONE L170 offers our customers robust fax features combined with the exceptional laser print speed and image quality that one expects from a Canon product, all in a compact configuration and at a very competitive price."

With a high level of convenience and ease-of-use, the FAXPHONE L170 offers a smartly designed ergonomic control panel and telephone handset, a 50-sheet document feeder, as well as Canon's exclusive UHQ(TM) VI Image Processing Technology for ultra fine resolution.

Additional fax features of the FAXPHONE L170 include 32 speed dials, 100-coded speed dialing and broadcast dialing up to 142 separate locations. The device also offers directory search so that users may look up and dial numbers using the easy-to-view LCD display.

The Canon FAXPHONE L170 offers USB interface with Windows 98/Me/2000/XP OS support and Canon's bundled printer driver for laser printing. The device also meets the ENERGY STAR guidelines set by the U.S. Environmental Protection Agency (EPA).

Utilizing the S35 Cartridge, Canon's single cartridge system designed to produce yields of up to 3,500 printouts per cartridge(4), the FAXPHONE L170 easily handles large volume demands with low maintenance requirements.

The FAXPHONE L170 is currently available through national retailers at an estimated street price of U.S. $299.

About Canon U.S.A.

Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. The Company is listed as one of Fortune's Most Admired Companies in America, and is ranked #39 on the BusinessWeek list of "Top 100 Brands." Its parent company Canon Inc. (NYSE:CAJ) is a top patent-holder of technology, ranking second overall in the U.S. in 2003, with global revenues of $29.9 billion. For more information, visit www.usa.canon.com.

(1) Source -- Gartner Dataquest -- "Printer Quarterly Statistics United States--Database," Camille Iorns February 2004.

(2) The Public Switched Telephone Network (PSTN) currently supports modem speeds of 28.8 kbps or lower, depending on telephone line conditions. Sending and receiving fax machines need to conform to ITU-TV.34 guidelines.

(3) Based on 20lb paper.

(4) Based on ITU-T #1 Chart (Standard Mode).

Canon U.S.A. Web site: http://www.usa.canon.com